56757
Chinese Apparel Reexported From Turkey to Iran
Chinese Apparel Reexported From Turkey to Iran

Chinese Apparel Reexported From Turkey to Iran

Chinese Apparel Reexported From Turkey to Iran

The preferential tariff agreement between Iran and Turkey has given rise to the export of cheap Chinese apparel from Turkey to Iran under the guise of Turkish brands, the head of Tehran Knitwear and Socks Producers and Sellers Association said. Ali Asghar Behbahani added that these exports take advantage of low tariff rates. “This is while domestic producers are capable of manufacturing all types of knitwear of higher qualities compared to the Chinese,” he was quoted as saying by ILNA, adding that the influx of cheap Chinese brands has effectively reduced domestic manufacturers’ competitive edge in the local market. According to the official, $5 billion worth of Chinese products flood the Iranian market every year. President of Istanbul Readymade Clothing and Confection Exporters’ Association Hikmet Tanriverdi said Turkish  garment exports to Iran hit $237 million during the eight months of 2016, showing a 219% increase compared with the previous year’s corresponding period.

Short URL : https://goo.gl/l3hnl3
  1. https://goo.gl/CXzLbQ
  • https://goo.gl/pSDZAf
  • https://goo.gl/yb1dKV
  • https://goo.gl/xzA4gA
  • https://goo.gl/VM2yoO

You can also read ...

Experts believe the import ban would lead to a further rise in smuggling and market disruption.
The government has banned the import of 1,339 commodities...
CBI, Capital Market Agree to Control  Gold Coin Bull Run
As gold coin prices are skyrocketing, the Central Bank of Iran...
$1.5b in Tax Evasion Identified From Bank Accounts
About 63 trillion rials ($1.49 billion) worth of unpaid tax...
Mohammad Javad Zarif (4th L) addressed representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture on June 24. (Photo: Bahareh Taghiabadi )
Foreign Minister Mohammad Javad Zarif assured the business...
Top US Court Restricts Police on Cellphone Location Data
The US Supreme Court on Friday imposed limits on the ability...
Iran Explores Int’l Space Collaborations at UN Meeting
Officials with Iran Space Agency participated in the two-day...
Xiaomi’s Hong Kong IPO
Xiaomi, one of the world’s leading smartphone makers, is...
Steel Exports Rise Over 28%
Iranian steelmakers exported 1.62 million tons of their...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus